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06.12.201808:16 Forex Analysis & Reviews: Forecast for EUR/USD for December 6, 2018

Long-term review

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EUR/USD

On Wednesday, the markets continued to storm, but this storm has definitely subsided. The dollar index at the end of the day has not changed in price, as well as the euro. A number of other currencies, in particular the Canadian and Australian dollars, declined smoothly and predictably. Perhaps now, peace will come to the European courts.

Changes in the technical picture of the euro have not occurred. On the daily chart, the price is still fixed under the balance line, on H4, the price tested the Krusenstern line, from which it fell sharply down. The current situation is similar to yesterday morning. The goal of decreasing – 1.1190. Breaking through the level opens the second target 1.1090.

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